£283,042
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for EAST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £235,000 | 20 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 sq feet |
This model uses changes in the Official Land Registry House Price Index for EAST SUSSEX to estimate the market value.
When this house was purchased in March 2020 the House Price Index for EAST SUSSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £235,000 results in an estimated price of approximately £283,042.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £235,000 | £48,042 | £283,042 |
The Postcode Pricing Model uses changes in average sales price within the BN21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -17.063 % | £-40,099 | £194,900 |
| 3 Month Average | -8.002 % | £-18,804 | £216,195 |
| 6 Month Average | 9.666 % | £22,715 | £257,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £147,179 | £145,000 | FLAT 15 FARRINGTON COURT, 16 OLD ORCHARD ROAD |
| 31 Aug 2023 | £442,370 | £438,500 | 37A GROVE ROAD |
| 26 Jul 2023 | £170,292 | £168,000 | 35 GROVE ROAD |
| 21 Apr 2023 | £707,619 | £700,000 | 27 GROVE ROAD |
| 17 Mar 2023 | £156,424 | £154,950 | FLAT 6 FARRINGTON COURT, 16 OLD ORCHARD ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 7 Nov 2013. Using an estimated price of £283,043 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on OLD ORCHARD ROAD is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Old Orchard Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Old Orchard Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Grove Road |
| Mar 2024 | Anti-social behaviour | On or near Grove Road | |
| Mar 2024 | Anti-social behaviour | On or near Grove Road |